Google Faces Wave of Lawsuits After EU Fine

By admin July 28, 2026 No comment

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Google is facing a growing number of private lawsuits across Europe after receiving a record $1 billion fine under the European Union’s Digital Markets Act (DMA). Legal experts say the ruling could encourage more companies to seek damages, with total claims potentially reaching $10 billion. The EU found that Google unfairly favored its own services […]

Global Tech Stocks Slide as AI Disruption Fears Clash With Massive Spending Plans

By admin February 6, 2026 No comment

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Global software, data and technology stocks fell again on Friday as investors remained uneasy about the disruptive impact of powerful new AI models and the enormous sums Big Tech plans to spend rolling them out. Markets were rattled this week after the launch of a new plug-in from Anthropic’s Claude, amplifying concerns that AI could […]

Italy’s Data Privacy Watchdog Faces Corruption Probe

By admin January 16, 2026 No comment

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Italian finance police have searched the headquarters of the country’s data protection authority as part of a probe into alleged corruption and embezzlement, according to judicial sources. Rome prosecutors are investigating the agency’s president, Pasquale Stanzione, along with three other board members, over claims of excessive spending and irregularities linked to

European outcry forces US economist to drop top job

By admin July 19, 2023 No comment

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Fiona Scott Morton, a highly qualified American economist, has decided not to take up the position of Chief Competition Economist in the European Commission following widespread criticism of her appointment. The strongest objections came from France, with President Emmanuel Macron expressing doubts and questioning whether there were no qualified European candidates for the